Assignment: Product Life Cycle
Review the stages of the Product Life Cycle and address the following in a 1-2 page document:
1. What are two products that you consider to be in the Growth stage of the Product Life Cycle and why?
2. What are some of the potential threats to the success of both companies during this stage?
3. Develop a strategy and creative approach that can be taken to help both products continue to succeed during their next life cycle phase.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.